The blink of an eye is between 0.1 and 0.4 seconds. The men’s 100-metre Olympic final was won in a time of 9.79 seconds this year, with the women’s race concluding after 10.72 seconds. By the time you’re done pondering those two sentences, its likely that 10 seconds or so have already passed.

Time is both fleeting and valuable, which is why we take your time seriously. Sadly, we can’t offer you an exit readiness assessment tool that will compete with the 100-metre race or even the 4x100 relay, but we feel pretty good about something that takes just five minutes.

In case you aren’t familiar with the term, “exit readiness” refers to the business being marketable and able to pass a due diligence by a sophisticated buyer. Although one always hopes that an inexperienced buyer walks through the door, hope is not a strategy.

Here are just some of the topics that we cover in this screening tool that is designed to touch on some of the most important principles in determining whether a business is ready for sale:

• Can the operations run day-to-day without the owner?

• To what extent is risk monitoring embedded in the business? How successful will a legal and financial due diligence be?

• Will client relationships survive the owner leaving the business?

• How well is the target market understood?

Completing the assessment is absolutely free, other than the cost of your time. Go on. You know what to do. Click below and learn about some of the key focus areas in an exit assessment.

Get the diaries out – we’ve got some great stuff coming your way.

First up is a webinar on 4^th September, in which we will collaborate with Synergy CFO Solutions on concepts like strategies to increase value, the mistakes business owners make in building their businesses and the key drivers of revenue, profit and cash flow in every business. You can register to attend here.

Then, our next bizval webinar is on 11^th September. Focusing on exit readiness and including a specific section on how advisors can use exit readiness to improve their client offering, bizval CEO Graham Stephen and UK representative Douglas Pudney will deliver plenty of insights into exit planning and will be waiting to take your questions.

If you are itching to get going on a valuation or exit readiness assessment, then reach out and let’s chat. We have a variety of offerings and we are confident that one of them will work for you.

Let’s talk

We are waiting for you here.

Happy building!

bizval